An auctioneer charges 8% for selling a house. If the house is sold for Rs.2,30,500; Find the charges of the auctioneer.

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Solution

Selling price of the house = Rs. 2,30,500
Rate of charges of the auctioneer
= 8% of selling price
$∴$ Charges of the auctioneer = 8% of 2,30500
Rs. 18,440

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An auctioneer charges 8% for selling a house. If the house is sold for Rs.2,30,500; Find the charges of the auctioneer.

Selling price of the house = Rs. 2,30,500 Rate of charges of the auctioneer = 8% of selling price ∴ Charges of the auctioneer = 8% of 2,30500 Rs. 18,440

Selling price of the house = Rs. 2,30,500
Rate of charges of the auctioneer
= 8% of selling price
$∴$ Charges of the auctioneer = 8% of 2,30500
Rs. 18,440